Forte declares 2Mlb uranium resource in Mauritania

ASX- and Aim-listed Forte Energy has declared a maiden Joint Ore Reserves Committee (Jorc) compliant resource of 1,33-million tons for its Bir En Nar uranium project, in Mauritania. The project is estimated to contain 2,06-million pounds of...

Uranium price plunges to $46/lb as global economic crisis bites

The uranium spot price has dipped sharply in the face of the current global economic crisis - following the same downward spiral as other commodities - plummeting from $90/lb, reached in January, to its current level of $46/lb.

Drilling begins at Guinea uranium prospect

Australian-based minerals exploratory Murchison United on Monday announced that it had started uranium drilling at its Firawa prospect in southern Guinea over the weekend.

Oz explorer intensifies West African uranium search

Perth-based resources company Murchison United announced on Thursday that it would be accelerating its West African uranium strategy by engaging in aggressive uranium exploration and drilling programmes at two key prospects in the Republic of...